Leading Gainers of the Day Amidst the Market Retrieval
- The gainers of the day are Quant, Mog coin, and Arweave.
- The fear and greed index stays at 44, indicating a neutral level.
The performance of the crypto market is in the bearish array. Cryptocurrencies hit new lows and turned the entire market sentiment dull. Some of the cryptocurrencies are slightly in the recovery stage. Moreover, the fear and greed index stays at 44, indicating a neutral level.
In the past 24 hours, the global crypto market has witnessed a dip of 1.13%. The total crypto market volume stays at $56.98B, which makes a 6.56% decrease. Bitcoin is struggling to maintain its price above $60K. While ETH prices have dropped by 1.45% in the past 24 hours. According to CMC data, the top three gainers over the past 24 hours are QNT, MOG, and AR.
Quant (QNT)
Quant connects blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the blockchain operating system.
In the past 24 hours, it has increased by 8.73% and is trading at $78.12 at the time of writing. Over the past week, the token was up by 3.13%. The trading volume is up by 65.26%. QNTs market price hit a monthly high of $92.25 in the first week of June. The key resistance might be found at $78.46.
Mog Coin (MOG)
MOG is the ERC-20 native token for the Mog ecosystem, used as a means of the transaction within the community. The coin can be bridged between Bitcoin and Ethereum via Multibit.
The price of MOG has increased by 10% within 24 hours, and the token is trading at $0.000001941 at the time of writing. MOGs last months low was noted at $0.000007903 on June 18, however, the price has recovered. Notably, over the past week, the price has increased by 102.81%. $0.000001989 could be the likely initial resistance for the token.
Arweave (AR)
Arweave is a storage network that offers indefinite storage of data. Describing itself as a collectively owned hard drive that never forgets, the network primarily hosts the permaweb a permanent, decentralized web with several community-driven applications and platforms.
Over the past week, AR was down by 2.17%, and currently trading at $27.02, up by 3.29%. The trading volume is down by 4.42%. Looking back to the previous month, the token reached $46 on June 5 but the price was down by 29.55%. The nearby resistance is likely at $27.68.
Highlighted Crypto News of the Day
U.S Internal Revenue Service (IRS) Finalizes Crypto Reporting Rules
Read more: https://thenewscrypto.com/leading-gainers-of-the-day-amidst-the-market-retrieval/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
